King Yuan Electronics Co., Ltd.

TWSE:2449 Stock Report

Market Cap: NT$355.8b

King Yuan Electronics Valuation

Is 2449 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 2449 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 2449 (NT$272) is trading above our estimate of future cash flow value (NT$74.52)

Significantly Below Future Cash Flow Value: 2449 is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2449?

Key metric: As 2449 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2449. This is calculated by dividing 2449's market cap by their current earnings.
What is 2449's PE Ratio?
PE Ratio36.9x
EarningsNT$9.01b
Market CapNT$355.82b

Price to Earnings Ratio vs Peers

How does 2449's PE Ratio compare to its peers?

The above table shows the PE ratio for 2449 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average34.8x
2379 Realtek Semiconductor
23.2x14.49%NT$332.5b
3661 Alchip Technologies
59.2x39.77%NT$329.4b
5347 Vanguard International Semiconductor
37.3x17.74%NT$300.7b
3034 Novatek Microelectronics
19.6x12.32%NT$291.2b
2449 King Yuan Electronics
36.9x31.81%NT$332.6b

Price-To-Earnings vs Peers: 2449 is expensive based on its Price-To-Earnings Ratio (36.9x) compared to the peer average (34.7x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 2449's PE Ratio compare vs other companies in the TW Semiconductor Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
3188 Golden Long Teng Development
4.1xn/aUS$140.72m
4944 Crystalwise Technology
4xn/aUS$15.69m
No more companies available in this PE range
2449 36.9xIndustry Avg. 43.6xNo. of Companies26PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2449 is good value based on its Price-To-Earnings Ratio (36.9x) compared to the TW Semiconductor industry average (43.6x).

Price to Earnings Ratio vs Fair Ratio

What is 2449's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2449 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio36.9x
Fair PE Ratio48.5x

Price-To-Earnings vs Fair Ratio: 2449 is good value based on its Price-To-Earnings Ratio (36.9x) compared to the estimated Fair Price-To-Earnings Ratio (48.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 2449 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$272.00
NT$354.13
+30.20%
19.13%NT$435.00NT$142.00n/a15
Jun ’27NT$318.00
NT$357.60
+12.45%
19.16%NT$435.00NT$142.00n/a15
May ’27NT$302.50
NT$340.61
+12.60%
18.59%NT$400.00NT$142.00n/a14
Apr ’27NT$280.50
NT$339.54
+21.05%
18.63%NT$400.00NT$142.00n/a14
Mar ’27NT$327.00
NT$293.87
-10.13%
24.33%NT$400.00NT$142.00n/a14
Feb ’27NT$296.00
NT$279.51
-5.57%
24.25%NT$400.00NT$142.00n/a14
Jan ’27NT$247.50
NT$246.35
-0.46%
22.80%NT$400.00NT$142.00n/a12
Dec ’26NT$217.50
NT$236.85
+8.90%
15.48%NT$300.00NT$142.00n/a12
Nov ’26NT$217.00
NT$173.82
-19.90%
20.29%NT$243.00NT$140.00n/a11
Oct ’26NT$165.00
NT$158.92
-3.69%
11.84%NT$190.00NT$140.00n/a12
Sep ’26NT$158.50
NT$149.67
-5.57%
5.40%NT$164.00NT$140.00n/a12
Aug ’26NT$120.00
NT$121.17
+0.97%
13.92%NT$140.00NT$94.00n/a12
Jul ’26NT$103.00
NT$119.08
+15.61%
15.15%NT$148.00NT$94.00n/a12
Jun ’26NT$97.00
NT$117.42
+21.05%
15.38%NT$148.00NT$94.00NT$318.0012
May ’26NT$86.80
NT$134.58
+55.05%
12.52%NT$160.00NT$102.00NT$302.5012
Apr ’26NT$90.80
NT$138.46
+52.49%
8.84%NT$160.00NT$122.00NT$280.5012
Mar ’26NT$107.50
NT$142.54
+32.60%
14.23%NT$197.00NT$122.00NT$327.0012
Feb ’26n/a
NT$147.43
0%
13.99%NT$192.00NT$122.00NT$296.0012
Jan ’26NT$111.50
NT$149.77
+34.32%
13.36%NT$192.00NT$122.00NT$247.5012
Dec ’25NT$126.50
NT$153.84
+21.61%
11.66%NT$192.00NT$130.00NT$217.5011
Nov ’25NT$127.50
NT$129.37
+1.47%
10.13%NT$149.00NT$105.00NT$217.0011
Oct ’25NT$112.00
NT$122.19
+9.10%
10.48%NT$143.00NT$105.00NT$165.009
Sep ’25NT$121.00
NT$122.19
+0.98%
10.48%NT$143.00NT$105.00NT$158.509
Aug ’25NT$113.00
NT$109.97
-2.68%
17.14%NT$140.00NT$86.00NT$120.009
Jul ’25NT$116.50
NT$103.12
-11.48%
16.27%NT$140.00NT$86.00NT$103.009
Jun ’25NT$88.20
NT$90.78
+2.92%
12.79%NT$110.00NT$72.00NT$97.009
NT$354.13
Fair Value
23.2% undervalued intrinsic discount
15
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/10 14:53
End of Day Share Price 2026/06/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

King Yuan Electronics Co., Ltd. is covered by 23 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
S. H. LinAletheia Analyst Network Limited
Ying Zhang LeuBarclays
Haas LiuBofA Global Research